3111 Ocean Front Walk - Apartments FOR SALE


Marina Del Rey, CA 90292
$12,675,000 USD
310-906-3279
3111 Ocean Front Walk, Marina Del Rey, CA for Sale
$12,675,000 USD
Apartments - FOR SALE
1/32
null | Request Cap Rate

3111 Ocean Front Walk
Marina Del Rey, CA 90292


HIGHLIGHTS

  • Steps from the beach/pier
  • Prime beachfront property with ocean views
  • Iconic location and building

OVERVIEW

+/-8,000 SF of Mixed-Use space located footsteps from the Venice Pier. This multi-faceted building provides ample opportunities for residential, commercial, boutique hotel, and Airbnb. Built in 1992, the iconic high-concept architectural beach front asset is a four-story 8,000 SF building that encompasses 5,039 SF of irreplaceable coastal land. Each level offers opportunistic environments which include commercial spaces on Ocean Front Walk, shoreline view apartments, and a split-level penthouse uniquely designed with 270-degree ocean to city views allowing sunrise to sunset experiences from a motorized loft.

FOR SALE DETAILS

PRICE

$12,675,000 USD

PRICE/SF

$1,584 USD /SF

# OF UNITS

5

PRICE/UNIT

$2,535,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Loft/Creative Space, Office/Residential, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1992

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

C4

APN/PARCEL ID

4225-001-002

ASK ABOUT THIS PROPERTY

Patrick YlaganKidder MathewsMore Info
310-906-3279

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Patrick YlaganKidder MathewsMore Info
310-906-3279

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.